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1. How
can I open an Internet trading account ?
| 1. |
Please click at ?Account Opening? menu and fill
in the registration form. After we accepted your
registration form our staff will contact you as
soon as possible to send an account opening kit
to your mailing address or you can download the
kit online. Click at menu ?Download.Õ |
| 2. |
There are three types of account which are Cash
Account, Cash Balance and Credit Balance |
Cash Account, clients who would like
to open this type of account need to have permanent
works or have good financial status. We require clients
to settle their money via Automatic Transfer System
(ATS). Required document are as follows:
| For Thai Individual Clients |
| 1. |
Certified copy of an authorized identification
card. |
| 2. |
Certified copy of census registration. |
| 3. |
A 6-month bank statement or any other financial
support such as salary slips to support the approval
of your account. |
| 4. |
A copy of bank statement for the page that contains
your name and your account number as well as the
last transaction page. These are to make the ATS
settlement. |
| 5. |
Pay 30 baht for stamp duty. |
| For Foreign
Individual Clients |
| 1. |
Certified copy of Passport. |
| 2. |
Certified copy of working permit, if working
in Thailand. |
| 3. |
A Notary of Public in case that you can not come
to our office to open an account. |
| 4. |
A 6-month bank statement or any other financial
support such as salary slips to support the approval
of your account. |
| 5. |
A copy of bank statement for the page that contains
your name and your account number as well as the
last transaction page. These are to make the ATS
settlement. |
| 6. |
Pay 30 baht for stamp duty. |
Cash Balance Account (Prepaid Account) clients
are required to deposit money with a minimum of 10,000
baht with us. Required document are as follows:
| For Thai
Individual Clients |
| 1. |
Certified copy of an authorized identification
card. |
| 2. |
Certified copy of census registration. |
| 3. |
Pay 30 baht for stamp duty. |
| For Foreign
Individual Clients |
| 1. |
Certified copy of Passport. |
| 2. |
Pay 30 baht for stamp duty. |
For cash balance customers, you can deposit money
either by cash or check to us using the account name
?Adkinson Securities Company Limited? at the following
three Banks:
Bank |
Branch |
Type of Account |
Account
No. |
Bangkok Bank |
Silom |
Saving Account |
118-0-69061-0 |
Kasikorn Bank |
Wireless Road |
Saving Account |
709-2-14441-5 |
Siam Commercial Bank |
Wireless Road |
Saving Account |
049-2-05566-1
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Following depositing money, you need to fax pay-in
slip to us at 66-2205-7014 and inform us by filing out
the Cash / Check Deposit form in Account Service menu
in our website.
Margin Account (Credit Balance Account)
is an account for the client who wishes to trade securities
on credit or by selling short. Before short selling,
the broker will determine the amount of cash the client
needs to put as margin, which is not less than the Initial
Margin Rate prescribed by the SET (the value of the
shore selling securities X Initial Margin Rate). This
amount of money will be put in the client's Credit Balance
Account. When the client sends his/her buying orders,
the broker will deduct the amount from his/her account.
If the value of the securities he/she wishes to purchase
exceeds the amount of cash held at the broker, the broker
will lend him/ her amount pending. In case of selling
short, the client needs to borrow from the broker the
securities for the Clearing and Settlement. The broker
will take the cash that the client has in his/her account
and the commission from securities trading as the collateral
in the Clearing and Settlement. The client's ability
to margin purchase or short sell is called "Purchasing
Power". The level of purchasing power will depend
on the amount of cash the client has put as margin.
The client cannot, however, purchase or sell short in
the amount exceeding the limit determined by the broker.
The margin system is complicated as the loan amount
can be either increased or decreased all the time, perhaps
dramatically according to the situation of the market
and the prices movement. If you are considering investing
with margin, you should first study its complicated
regulations, especially in case the market price has
decreased, as the broker might ask you for more collateral.
The broker can also force you to sell the stocks in
your account. The loss from this type of investment
is somewhat severe.
| 3. |
Please fill out all account opening documents
and mail to us at the following address: |
| Mailing
Address : |
| Internet
Trading Department |
| Adkinson
Securities Company Limited |
| 132 Sindhorn
Building 1, 2nd Floor Wiress Road, Lumpinee,
Patumwan |
| Bangkok,
Thailand 10200 |
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